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john, we'll following that. but the weather crazy right now. >> severe weather watch for us tomorrow, thank you very much. >>> a bipartisan plan from the senate's so-called gang of eight being unveiled today, which offers a path to residency and even citizenship to many of the estimates 11 million immigrants in the united states unlawfully. it calls for an effective employment verification system that prevents identity theft and would end hiring unauthorized workers. in the next hour, two congressmen working across the aisle on immigration reform. mario diaz-balart and luis gutierrez. >>> mohamed morsi has declared a limited state of emergency in the wake of recent violence in egypt. and more action is possible. violence has broken out since friday. and representatives of 11 political parties are meeting today to address problems in egypt to avoid expressing anger like this. >>> a big night for some of the biggest names in hollywood. anne hathaway among the winners for her supporting role in "les miserables." "a
john, we'll following that. but the weather crazy right now. >> severe weather watch for us tomorrow, thank you very much. >>> a bipartisan plan from the senate's so-called gang of eight being unveiled today, which offers a path to residency and even citizenship to many of the estimates 11 million immigrants in the united states unlawfully. it calls for an effective employment verification system that prevents identity theft and would end hiring unauthorized workers. in the next...
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>> reporter: not yet, john. in fact, right behind me over my left shoulder is the nightclub kiss and inside right now investigators are coming through the rubble looking for clues. they're fairly sure it's related to this pyrotech nicks show. someone apparently had fireworks in their hands. but the investigation continues. i have to say, what's scary about this whole thing, once you get over and look at this nightclub it only has a single entrance and exit. it's squeezed between two buildings. no lateral exits. no exit out of the back. it's a narrow door. when you have 1,000, 2,000 packed into this space at night, the lights are on and off, in some ways this was a tragedy announced you wonder how anyone could have gotten these people out. >> a sea of chaos must have been unimaginable. one of the most disturbing things that we're hearing that security guards may have been blocking people, why might this be? >> well, we have seen a lot, especially on social media, facebook, people commenting at the very beginning
>> reporter: not yet, john. in fact, right behind me over my left shoulder is the nightclub kiss and inside right now investigators are coming through the rubble looking for clues. they're fairly sure it's related to this pyrotech nicks show. someone apparently had fireworks in their hands. but the investigation continues. i have to say, what's scary about this whole thing, once you get over and look at this nightclub it only has a single entrance and exit. it's squeezed between two...
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let's go to john forn fortt wit latest. >> hey, melissa. a couple of things before the conference call that could have had a dampening effect. one is guidance in the slides they are providing along with their call. they give a guidance range of 1.07 to $1.1 billion in revenue for q-1. the street was expecting $1.12 billion. for the full year, $4.5 to $6.5 billion in revenue. the street wanted just under $4.6. so, they are guiding to a midpoint below what the street wanted there. and in the current quarter, other revenue, which includes listing feels, royalties fees, that sort of thing, was a bigger percentage of revenue than usual. about 23% in q-4. it's normally 19% or 20%. i expect there might be questions about how big of an impact that had on them slightly beating revenue in q-4. >> is that going to be the biggest issue on the conference call or something else you're looking for? >> i don't know if it will be the biggest issue. they haven't been giving guidance recently. there will be questions about what, about the environment, leads t
let's go to john forn fortt wit latest. >> hey, melissa. a couple of things before the conference call that could have had a dampening effect. one is guidance in the slides they are providing along with their call. they give a guidance range of 1.07 to $1.1 billion in revenue for q-1. the street was expecting $1.12 billion. for the full year, $4.5 to $6.5 billion in revenue. the street wanted just under $4.6. so, they are guiding to a midpoint below what the street wanted there. and in...
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as well as john myers, kxtv political editor joining us from sacramento. governor jerry brown struck a confident tone on thursday, applauding lawmakers and voters for making tough decisions to balance california's budget. he also pushed for his priorities including education and regulatory reform. now, john, how would you rate his speech and what left the biggest impressions on you? >> well, you know, rating the speech, a speech from jerry brown is really tough to do because it's unlike any other speech you get from any other governor. how many governors go from the book of genesis to "the little engine that could" in one 25-minute speech? this was a vintage jerry brown speech. i think really what you saw here was a little bit of the governor running a victory lap. proposition 30 passed. temporary taxes passed. the budget looks a lot better. i think this was the governor's chance to pivot, to pivot to talking about what makes california great, how we get them back on track. don't worry, we're getting there. so i took this as a real optimistic speech with a
as well as john myers, kxtv political editor joining us from sacramento. governor jerry brown struck a confident tone on thursday, applauding lawmakers and voters for making tough decisions to balance california's budget. he also pushed for his priorities including education and regulatory reform. now, john, how would you rate his speech and what left the biggest impressions on you? >> well, you know, rating the speech, a speech from jerry brown is really tough to do because it's unlike...
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managing directly jeffreys and john abel, reuters media file column nest. peter, do you believe in apple fatigue? >> no, we don't. we think that the real issue here is that apple is going through an earnings transition and we have the maturing of the market and with new models the stock will become more active and could see a lost activity, in fact. >> does that shoot them in the foot, john? the fact that they come out with new product, which in many cases are incremental as opposed to ground breaking. we have just come out with iphone 5 an now we are talking about iphone 6 and people are holding off. >> we have had about a year of consolidation here with product, iphone 5, ipad mini, which is catch-up. i don't know if smart investors look at that and say, i'm bored. i thought the issue last year was, cashing in on a terrific run-up on the stock. i really don't know. margins may be under pressure because they are can balancizing themselves and tim cook says that fine. because if someone has to do it, we will do it. and berkshire hathaway is up 10. take that
managing directly jeffreys and john abel, reuters media file column nest. peter, do you believe in apple fatigue? >> no, we don't. we think that the real issue here is that apple is going through an earnings transition and we have the maturing of the market and with new models the stock will become more active and could see a lost activity, in fact. >> does that shoot them in the foot, john? the fact that they come out with new product, which in many cases are incremental as opposed...
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>> joining us john from cgfi group and rick santelli. rick, i'll go to you first. we're talk about moving treasuries. is 2% enough to push people in mass into equities? >> you know, i don't think so. i think the percentages are much higher, but it is a start. and keep in mind global inflows to equities global was about $55 billion. that was a record for january. if you look at global inflow of bond funds and bond etfs, it was a whisker under $30 billion. so there's still money going in, but not as much. and of course the anxiety of potentially healthy global economy is always going to give traders an excuse to try to sell what is close to some historically low levels of yield, high levels of price. >> yeah. and when you look at equities you see this huge move in the markets. are we taking a bit of a breather? jordan, how do you see it? >> i think it's been constrained. uncertain election and fiscal cliff. and all of a sudden people are starting to pay attention to the fact there are -- inflation's low. i think the market starts to run, forest run. >> not a lot of a
>> joining us john from cgfi group and rick santelli. rick, i'll go to you first. we're talk about moving treasuries. is 2% enough to push people in mass into equities? >> you know, i don't think so. i think the percentages are much higher, but it is a start. and keep in mind global inflows to equities global was about $55 billion. that was a record for january. if you look at global inflow of bond funds and bond etfs, it was a whisker under $30 billion. so there's still money going...
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john fortt? >> yes. this problem is not just for twitter but for apple because apple's app store has a very anti-porn policy compared to others p but twitter doesn't want this vine app getting its brand recognition for being all about quick porn clips. so they probably need to do something about that before this becomes a new gutter app. >> julia, what can they do? >> tyler, i think we should not be surprised here. every time there is a technological development, people use it as a way it show pictures of naked people. this is an surprise here. i think twitter will figure it out, john mentioned. a and they have to if they want to protect their brand. twitter has to be very fast about pulling this stuff down. >> sticking with this mobile space, samsung surpassing apple as smart phone leader. does this mean apple is losingity cool in reports out today apple may have a shoe censor app that will tell you when you need new loafers. can apple win its cool bab, john fortt? to textent it lost it? >> no. that pat
john fortt? >> yes. this problem is not just for twitter but for apple because apple's app store has a very anti-porn policy compared to others p but twitter doesn't want this vine app getting its brand recognition for being all about quick porn clips. so they probably need to do something about that before this becomes a new gutter app. >> julia, what can they do? >> tyler, i think we should not be surprised here. every time there is a technological development, people use it...
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we'll be right back. >>> john mcafee's early days in the bay area were fuelled by cocaine and alcohol. police say the silicon valley pioneer might be connected to a murder in the country of belize. he recently fled that country leaving behind a trail of teenagers and guns. where is he now? with nbc's raj in portland, oregon. tonight the interview with john mcafee. >> now, is this a story of a successful entrepreneur who went crazy and surrounded himself with girls and guns and became a murderer or is this the greatest mind [ bleep ] of all time? >> reporter: with that we introduce you to john mcafee 2.0, a lot has changed since he launched his wildly successful company from his small santa clara home in the 180s. not only has he lost most of his fortune but many say he's simply lost his mind. >> much of the press recently has been very negative. you know, i'm a mad man, which perhaps i am. i'm paranoid, i don't think i am. or whatever. yet, people on the streets that recognize me, give me a high five sign, keep going, yeah. i don't know where that comes from. it's a mystery to me. >>
we'll be right back. >>> john mcafee's early days in the bay area were fuelled by cocaine and alcohol. police say the silicon valley pioneer might be connected to a murder in the country of belize. he recently fled that country leaving behind a trail of teenagers and guns. where is he now? with nbc's raj in portland, oregon. tonight the interview with john mcafee. >> now, is this a story of a successful entrepreneur who went crazy and surrounded himself with girls and guns and...
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last tile arou-- time around we mentioned john passed away -- >> my good buddy. >> he was a sharp guy. the past two weeks, year oe year-over-year wages dropped 2.3%, it's realtime guessed i'm gue guessing a with holding information mr. lissio used to use. is that sample too small to draw any conclusionings. >> it's an increase of 4%. we will see a huge increase in gdp and after tax income in the fourth quarter mainly december, at least 100, 120 billion of extra income from 2013 recognized in december to beat the higher tax brackets, capital gains increase. so, in other words, the economy now feels like 20% increase in take home pay has been given to the economy. it feels good. the problem with that, that income was going to be recognized this year, no longer here to be recognized. we're seeing a slowdown in income as we come forward. the best theater on tv to me wasn't to social inept types, but the fact that some of your -- the guests this morning, from companies were being like, do you see an increase in the economy? are things growing or things better? they're selling stock in aggr
last tile arou-- time around we mentioned john passed away -- >> my good buddy. >> he was a sharp guy. the past two weeks, year oe year-over-year wages dropped 2.3%, it's realtime guessed i'm gue guessing a with holding information mr. lissio used to use. is that sample too small to draw any conclusionings. >> it's an increase of 4%. we will see a huge increase in gdp and after tax income in the fourth quarter mainly december, at least 100, 120 billion of extra income from...
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republicans in awhile because it was thought that this is something they would fight tooth and nail for, and john boehner noticed it was the obama administration that brought it up so do you guys feel that maybe this, you know, i don't want it's a ploy, but maybe the best bargaining chip, ironically enough, it's something that the republicans hold dear to stuart's point. >> back to the budget control act of august 2011, the 1.2 trillion in cuts, that was the agreement, and then, of course, you're right, the baltimore add obama administrationmented to fore stall that. they have to take place march 1st. that's the agreement made. we spend too much money. we do not have a revenue problem. stuart: $100 billion cut, march first, military and health spending, cut it, and you say do it. all right. congressman, republican, tennessee, thank you very much for joining us. >> thank you. stuart: buy season tickets to the favorite team, and if the team sinks or stinking, you get some of your money back. maybe the new york gelts should take note. the owner of the team offering that discount. there is a team own
republicans in awhile because it was thought that this is something they would fight tooth and nail for, and john boehner noticed it was the obama administration that brought it up so do you guys feel that maybe this, you know, i don't want it's a ploy, but maybe the best bargaining chip, ironically enough, it's something that the republicans hold dear to stuart's point. >> back to the budget control act of august 2011, the 1.2 trillion in cuts, that was the agreement, and then, of...
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this is john's signature, xxo. >> these are haunting. these are notes that dave powers wrote up for the trip to dallas in november. it includes notations after the president was assassinated. >> minute by minute. it's just so earth shatteringly -- chills you to the bone when you read it. >> the last entry my president is dead. >> yes. the president before he died and was inhe hospital, you open it up. open the first page says dave powers, the president was going to give you this and you can basically read it, but the key to it is that you and i will miss him the most, signed jackie. this was the day after he was murdered. look at our website and you will find all the information you need. you can bid right from your computer at home. >> dan, thank you very much. >> thank you. >> fascinating items. >> thank you. >> the auction will be held february 17th. >>> coming up, whitney houston's mom, cissy, talks candidly in a live interview about her daughter's struggles with drug addiction and their sometimes troubled relationship. but first the
this is john's signature, xxo. >> these are haunting. these are notes that dave powers wrote up for the trip to dallas in november. it includes notations after the president was assassinated. >> minute by minute. it's just so earth shatteringly -- chills you to the bone when you read it. >> the last entry my president is dead. >> yes. the president before he died and was inhe hospital, you open it up. open the first page says dave powers, the president was going to give...
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watches ow "squawk box." >> john wedging was, by the way, remarkable. did you know he used to work at bcg? >> no. >> yeah. a wall street consultant who turns into a musician. so, anyway -- >> a long time ago. >> and all the hookers that you spoke to were also cnbc viewers or something? >> no, they were not. they were -- yes, they were cnbc viewers. >> you're sure? how did you know? what is -- i don't see how this whole thing played out and where you got -- >> it's a much longer story that probably needs to be explained not at the top of the show. >> were you embarrassed when they said -- and you said, oh, i'm so sorry? all right. go ahead. >> he is right but but there's optimism -- >> i'm married with chirp. >> that's the whole point. that's why i don't even understand how this happened. >> like he was talking about, all this optimism is fueling what's happening in the markets. by the way, this is the best pace for january that we've seen in 24 years. you have to go back to 1989 and that's when the dow was actually up by 8%. the dow is within 268 points
watches ow "squawk box." >> john wedging was, by the way, remarkable. did you know he used to work at bcg? >> no. >> yeah. a wall street consultant who turns into a musician. so, anyway -- >> a long time ago. >> and all the hookers that you spoke to were also cnbc viewers or something? >> no, they were not. they were -- yes, they were cnbc viewers. >> you're sure? how did you know? what is -- i don't see how this whole thing played out and...